Marlinks
InactiveInactive since 06-06-2026; last annual accounts for fiscal year 2025.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€987,098
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
36 d early
2024
34 d early
2023
36 d early
2022
25 d early
2021
42 d early
2020
31 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?KORYS · 159 companies How is the Computer consultancy and computer facilities management sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€987,098▼ 361%
2024 · -€213,961
Total assets
€1.3m▲ 36.3%
2024 · €951,948
Net result
-€773,137▼ 147%
2024 · -€313,606
Working capital
€481,558▲ 76.3%
2024 · €273,116
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€417,617▼ 2,942%-€791,344▼ 89.5%-€384,972▲ 51.4%-€252,995▲ 34.3%-€707,239▼ 180%
Net result-€431,013below the sector's middle half▼ 1,957%-€817,159below the sector's middle half▼ 89.6%-€414,409below the sector's middle half▲ 49.3%-€313,606below the sector's middle half▲ 24.3%-€773,137below the sector's middle half▼ 147%
Equity€831,214above the sector's middle half▲ 1,236%€14,055below the sector's middle half▼ 98.3%€99,645within the sector's middle half▲ 609%-€213,961below the sector's middle half-€987,098below the sector's middle half▼ 361%
Total assets€1.4mwithin the sector's middle half▲ 234%€785,633within the sector's middle half▼ 45.8%€1.2mwithin the sector's middle half▲ 58.2%€951,948within the sector's middle half▼ 23.4%€1.3mabove the sector's middle half▲ 36.3%
Debt€618,668▲ 66.1%€771,578▲ 24.7%€1.1m▲ 48.2%€1.2m▲ 2.0%€2.3m▲ 95.9%
Working capital€685,475above the sector's middle half€34,052within the sector's middle half▼ 95.0%€244,412within the sector's middle half▲ 618%€273,116within the sector's middle half▲ 11.7%€481,558above the sector's middle half▲ 76.3%
Solvency57.3%within the sector's middle half▲ 43.0pp1.8%below the sector's middle half▼ 55.5pp8.0%below the sector's middle half▲ 6.2pp-22.5%below the sector's middle half▼ 30.5pp-76.1%below the sector's middle half▼ 53.6pp
Current ratio2.22within the sector's middle half▲ 1.571.06within the sector's middle half▼ 1.161.28within the sector's middle half▲ 0.221.56within the sector's middle half▲ 0.281.89within the sector's middle half▲ 0.33
Return on assets (ROA)-29.7%below the sector's middle half▼ 24.9pp-104.0%below the sector's middle half▼ 74.3pp-33.3%below the sector's middle half▲ 70.7pp-32.9%below the sector's middle half▲ 0.4pp-59.6%below the sector's middle half▼ 26.7pp
Staff (FTE)4.3within the sector's middle half▲ 79.2%5.7within the sector's middle half▲ 32.6%6.6within the sector's middle half▲ 15.8%6.7within the sector's middle half▲ 1.5%7.8within the sector's middle half▲ 16.4%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result -1,957% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €707,239 in 2025 against €252,995 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€276,624 ▲ 43.9%
Current assets
€1.0m ▲ 34.3%
Key figures and ratios
EBITDA
-€588,400▼
2024 · -€166,255
Cash flow
-€654,298▼
2024 · -€226,866
Quick ratio
1.61▲
2024 · 0.81
Debt to equity
-2.31▲
2024 · -5.45
Interest coverage
-9.15▼
2024 · -2.79
Debt ≤ 1 year
€538,986▲
2024 · €486,540
Debt > 1 year
€1.6m▲
2024 · €631,447
Income taxes
€1,939▲
2024 · €1,124
Staff costs
€734,232▲
2024 · €684,386
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €67,334 | €0 | - | - |
| Remuneration, social security and pensions62 | €286,773 | €410,512 | €573,550 | €684,386 | €734,232 | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €104,911 | €98,238 | €81,220 | €86,740 | €118,839 | ▲ 37.0% |
| Other operating charges640/8 | €2,062 | €509 | €3,234 | €13,422 | €11,374 | ▼ 15.3% |
| Non-recurring operating charges66A | €42 | €0 | - | - | €78 | - |
| Gross operating margin9900 | -€23,829 | -€282,083 | €273,033 | €531,553 | €157,285 | ▼ 70.4% |
| Operating profit (loss)9901 | -€417,617 | -€791,344 | -€384,972 | -€252,995 | -€707,239 | ▼ 180% |
| Financial income75/76B | €118 | €68 | €64 | €118 | €371 | ▲ 215% |
| Recurring financial income75 | €118 | €68 | €64 | €118 | €371 | ▲ 215% |
| Financial charges65/66B | €12,898 | €25,863 | €29,172 | €59,605 | €64,330 | ▲ 7.9% |
| Recurring financial charges65 | €12,898 | €25,863 | €29,172 | €59,605 | €64,330 | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | -€430,397 | -€817,139 | -€414,080 | -€312,482 | -€771,198 | ▼ 147% |
| Income taxes67/77 | €616 | €20 | €329 | €1,124 | €1,939 | ▲ 72.5% |
| Profit (loss) for the period9904 | -€431,013 | -€817,159 | -€414,409 | -€313,606 | -€773,137 | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | -€431,013 | -€817,159 | -€414,409 | -€313,606 | -€773,137 | ▼ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €785,633 | €1.2m | €951,948 | €1.3m | ▲ 36.3% |
| Fixed assets21/28 | €202,553 | €160,453 | €128,689 | €192,292 | €276,624 | ▲ 43.9% |
| Intangible fixed assets21 | €134,874 | €110,703 | €98,500 | €154,316 | €234,432 | ▲ 51.9% |
| Tangible fixed assets22/27 | €62,834 | €49,410 | €29,850 | €36,172 | €40,883 | ▲ 13.0% |
| Plant, machinery and equipment23 | €48,982 | €33,365 | €17,749 | €28,162 | €32,181 | ▲ 14.3% |
| Furniture and vehicles24 | €13,853 | €16,045 | €12,101 | €8,010 | €8,702 | ▲ 8.6% |
| Other tangible fixed assets26 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €4,845 | €339 | €339 | €1,804 | €1,308 | ▼ 27.5% |
| Current assets29/58 | €1.2m | €625,180 | €1.1m | €759,656 | €1.0m | ▲ 34.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €502 | - |
| Other amounts receivable291 | - | - | - | - | €502 | - |
| Stocks and contracts in progress3 | €59,068 | €65,182 | €695,193 | €365,122 | €153,381 | ▼ 58.0% |
| Stocks30/36 | €59,068 | €33,685 | €83,250 | €12,031 | €0 | ▼ 100% |
| Contracts in progress37 | €0 | €31,497 | €611,943 | €353,091 | €153,381 | ▼ 56.6% |
| Amounts receivable within one year40/41 | €110,956 | €130,366 | €193,013 | €250,738 | €292,564 | ▲ 16.7% |
| Trade receivables40 | €109,970 | €121,270 | €192,700 | €234,057 | €265,800 | ▲ 13.6% |
| Other amounts receivable41 | €986 | €9,096 | €313 | €16,682 | €26,764 | ▲ 60.4% |
| Current investments50/53 | - | €99,008 | €2,312 | €816 | €816 | = |
| Cash at bank and in hand54/58 | €1.1m | €317,530 | €210,558 | €119,650 | €547,669 | ▲ 358% |
| Deferred charges and accrued income490/1 | €6,951 | €13,094 | €13,254 | €23,329 | €25,611 | ▲ 9.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €785,633 | €1.2m | €951,948 | €1.3m | ▲ 36.3% |
| Equity10/15 | €831,214 | €14,055 | €99,645 | -€213,961 | -€987,098 | ▼ 361% |
| Contributions10/11 | €1.3m | €1.3m | €1.8m | €1.8m | €1.8m | = |
| Capital10 | €192,000 | €192,000 | €692,000 | €692,000 | €692,000 | = |
| Issued capital100 | €192,000 | €192,000 | €692,000 | €692,000 | €692,000 | = |
| Outside capital11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Share premium1100/10 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Profit (loss) carried forward14 | -€488,786 | -€1.3m | -€1.7m | -€2.0m | -€2.8m | ▼ 38.0% |
| Amounts payable17/49 | €618,668 | €771,578 | €1.1m | €1.2m | €2.3m | ▲ 95.9% |
| Amounts payable after more than one year17 | €24,116 | €164,550 | €103,814 | €631,447 | €1.6m | ▲ 153% |
| Financial debts170/4 | €24,116 | €164,550 | €103,814 | €631,447 | €1.6m | ▲ 153% |
| Amounts payable within one year42/48 | €561,853 | €591,128 | €869,919 | €486,540 | €538,986 | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €10,756 | €59,566 | €60,737 | €52,367 | €51,447 | ▼ 1.8% |
| Financial debts43 | €300,801 | €150,083 | €200,000 | €200,000 | €0 | ▼ 100% |
| Credit institutions430/8 | €300,801 | €150,083 | €200,000 | €200,000 | €0 | ▼ 100% |
| Trade debts44 | €206,268 | €313,637 | €310,938 | €159,253 | €329,463 | ▲ 107% |
| Suppliers440/4 | €206,268 | €313,637 | €310,938 | €159,253 | €329,463 | ▲ 107% |
| Taxes, remuneration and social security45 | €42,132 | €67,843 | €98,244 | €74,920 | €157,500 | ▲ 110% |
| Taxes450/3 | €297 | €16,968 | €34,563 | €4,537 | €55,190 | ▲ 1,117% |
| Remuneration and social security454/9 | €41,835 | €50,875 | €63,681 | €70,384 | €102,311 | ▲ 45.4% |
| Other amounts payable47/48 | €1,896 | €0 | €200,000 | €0 | €575 | - |
| Accrued charges and deferred income492/3 | €32,698 | €15,900 | €169,642 | €47,922 | €145,280 | ▲ 203% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€431,013 | -€817,159 | -€414,409 | -€313,606 | -€773,137 | ▼ 147% |
| + Depreciation and write-downs630 | €104,911 | €98,238 | €81,220 | €86,740 | €118,839 | ▲ 37.0% |
| Operating cash flow (approximation) | -€326,102 | -€718,921 | -€333,189 | -€226,866 | -€654,298 | ▼ 188% |
| Investment in fixed assets (approximation) | - | -€56,138 | -€49,457 | -€150,343 | -€203,171 | ▼ 35.1% |
| Change in cash | - | -€752,822 | -€106,972 | -€90,908 | €428,019 | ▲ 571% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
15-06
State Gazette act
Restructuring · End & cessationMerger · Accounting effect6 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Accounting effect6 facts ▸
- General meeting, 08-05-2026
- Merger, met fusie door overneming gelijkgestelde verrichting, artikel 12:7,1° van het Wetboek van vennootschappen en verenigingen
- Other statement, kennisname fusievoorstel, EERSTE BESLISSING
- Merger, fusievoorstel goedgekeurd, gehele vermogen van de Overgenomen Vennootschap zonder uitzondering noch voorbehoud onder algemene titel over op de Overnemende Venno…
- Accounting effect, 01-01-2026
- Other statement, uitreiking vóór registratie, artikel 173,1°bis van het Wetboek van registratierechten
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€817,159
Net result drops to -€817,159, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 2.22
Current ratio from 0.65 to 2.22.
31-12
Financial
Equity above €500,000Eq €831,214 ▲1,236%
Equity rises from €62,226 to €831,214.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €11,736
Net result €11,736 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent
Ground area
407 m²
Building footprint
295 m²
Volume, LiDAR
1,944 m³
Parcel 44808H0299/00T003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0299/00T003 | Flanders | 407 m² | 1 · 294 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
KORYS
159 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- KORYS
- KORYS INVESTMENTS
- Virya Energy
- FLUVES
- Marlinks
Highest known parent: KORYS. The sources do not say who stands above it.
Owners 1
- FLUVESparent100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Marlinks and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
2 transactionsTaken over by:FLUVES
Taken over by:Dare to Dream
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 4,261 EUR awarded · 4,261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,534 EUR | 1,534 EUR |
| 2024 | 1 | 2,386 EUR | 2,386 EUR |
| 2023 | 1 | 341 EUR | 341 EUR |
Schemes
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 1,776 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
71209Other technical testing and analysis
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.